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dusya [7]
3 years ago
10

The added value that a certain product has by virtue of its brand name (in other words, the value of the product with a brand ma

rk compared with a generic product of the same quality) is called __________.
Business
1 answer:
amid [387]3 years ago
3 0

Answer:

brand equity

Explanation:

Brand equity refers to the commercial value added to one product or service by the customer's perception of its brand. Some brands have a higher brand equity and customers perceive them as high quality or luxury products, e.g. Mercedes Benz or Apple. While other brands are perceived as common or ordinary products with medium or low quality.

Two products may be identical or very similar, but the fact that a product's brand may be perceived as better than the other, allows a company to charge a higher price for it.

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Many commodities have futures markets associated with them. A futures market is a prediction market that aggregates information
arlik [135]

Answer:

Answer is explained in the explanation section below.

Explanation:

Solution:

a.

Unleaded fuel prices are expected to fall by June 2019 according to future demand forecasts.

Since the future price is less than the spot price, it would be better for long-term buyers who can wait for the price to increase because the market is currently in BACKWARDATION. This happens due to a short-term disparity in demand and supply.

b.

If the information in this sector is reliable and impartial, the expected June price will most likely be similar to the real price we will see in June.

It is reliable if the market is accurate and impartial, i.e. the market research on which knowledge flows.

The prices of goods are either integrated or expressed in such a flow of knowledge.

So, if it's unbiased and reliable, the forecast prices would be reasonably similar to the real future price.

5 0
3 years ago
Which of the following would you want to do when developing a marketing position
IgorC [24]
The actual product (or service),
The price (or value) it has,
Where you place (or distribute) what you offer, and
How you promote it.

Your core product is something you can’t touch: it’s the benefit your customer is buying—not the product itself, but the problem it solves.
Your formal product is what people actually use. It includes physical elements like design and texture, or perceived features like quality and styling.
Any value added features offered “over and above” the base product, like customer service or delivery, to differentiate your business from the competition.
8 0
3 years ago
Based on your​ reading, information systems help businesses compete​ ________. A. but do not affect its competitive position B.
Norma-Jean [14]

Answer:

The correct answer is letter "D": but sustaining a competitive advantage is challenging.

Explanation:

An advantage a company has over its rivals is a competitive advantage. Essentially a competitive advantage is what helps a business to gain income by increasing sales or margins. However, sustaining a competitive advantage with information systems is difficult because of the rapidly changing environment that is inherent to technology. Competitive advantages in that industry have a short life cycle.

3 0
3 years ago
Describe the role of the public sector​
yaroslaw [1]

Answer:

The public sector includes all sorts of government (central, state, and local). It provides basic goods or services that are either not, or cannot be, provided by the private sector, for example, schools, roads, etc.

Explanation:

hope this helps!! please mark brainliest :))

6 0
3 years ago
Balance per books at October 31, $119,266.37; receipts $494,543.14; disbursements $469,946.59. Balance per bank statement Novemb
SVETLANKA909090 [29]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  I decided to present the record of the finnancial movements siplayed on the data.

Download xlsx
4 0
3 years ago
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